South Korean Technology News - Latest Updates & Headlines
SK hynix reports record Q4 earnings on rising demand for AI chips
Seoul, Jan 23: South Korean chipmaking giant SK hynix said on Thursday its fourth-quarter earnings hit a record high on rising demand for artificial intelligence (AI) chips, including high bandwidth memory (HBM), sharply beating market expectations.
Operating loss in Q4 due to EV sales slowdown: LG Energy
Seoul, Jan 9: LG Energy Solution Ltd (LGES), South Korea's leading battery maker, on Thursday estimated it swung to an operating loss in the fourth quarter from a year earlier amid slowing sales of electric vehicles (EVs).